Needham Aggressive Growth Fund

  • Retail Share: NEAGX | Institutional Share: NEAIX
    Assets (12/31/16): $59M | Inception Date: 9/4/01

Investment Objective

The Needham Aggressive Growth Fund seeks long-term, tax-efficient capital appreciation by primarily investing in the equity securities of public companies with above-average prospective long-term growth rates.

More specifically, the Fund's investment style is to move early into emerging areas of rapid growth, to stay with the leaders in established growth markets and to exit or short areas and/or companies that the Fund believes can no longer sustain strong, above-average growth profitability.

Strategy

  • Invest in companies with:
    • Strong growth potential
    • Potential for higher operating margins
    • Long-term, sustainable growth
    • Disruptive products or services
  • Invest in companies addressing unmet needs
  • Invest in strong, incentivized management teams
  • Invest in companies that are underfollowed by Wall Street
  • Utilize shorting techniques to dampen volatility
  • Invests in venture-backed, post-IPO opportunities
Portfolio Manager

John Barr

Telephone:
(212) 705-0462
Email:
jbarr@needhamco.com
description

John Barr is the Fund Manager of the Needham Aggressive Growth Fund (NEAGX) since January 2010. He also co-manages the Needham Growth Fund (NEEGX). He engages in a variety of portfolio management-related activities, including stock selection, research, company visits and market analysis. He rejoined Needham & Company in August 2009 from Oliver Investment Management, LLC, a long-short hedge fund focused on small cap technology and exploration and mining stocks, of which John was the Founding and Managing Member. From 2002 to 2008, he served as a portfolio manager and analyst at Buckingham Capital Management for their diversified industry long/short domestic equity hedge fund. He focused on telecom, semiconductors and software. He also has experience with financials, energy, exploration and production, and mining stocks. From 2000 to 2002, John was a managing director and senior analyst at Robertson Stephens following semiconductor technology companies. From 1995 to 2000, he was a managing director and senior analyst at Needham & Company. He also served as its director of research. John was an Institutional Investor All-Star and was ranked by Reuters as leader of one of the top software teams. He is a graduate of Harvard Business School and Colgate University.